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Penumbra

PENNYSE
$189.87
00.00%
Last update: Jul 19, 4:02 PM
15 minutes delayed
Q2 2024 Earnings in 8 days from now on Tue Jul 30th, after the market close
Consensus Rating1
Buy
Highest Price Target1
$376.00
Lowest Price Target1
$210.00
Consensus Price Target1
$283.33

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Penumbra (NYSE:PEN) Stock, Analyst Ratings, Price Targets, Forecasts

Penumbra Inc has a consensus price target of $283.33 based on the ratings of 16 analysts. The high is $376 issued by Deutsche Bank on June 26, 2023. The low is $210 issued by Morgan Stanley on July 15, 2024. The 3 most-recent analyst ratings were released by Truist Securities, Morgan Stanley, and BTIG on July 16, 2024, July 15, 2024, and July 15, 2024, respectively. With an average price target of $224 between Truist Securities, Morgan Stanley, and BTIG, there's an implied 17.98% upside for Penumbra Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
2
1
Feb
0
0
0
0
Mar
1
Apr
1
May
1
Jul
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.8
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Truist Securities
Morgan Stanley
BTIG
Citigroup
Canaccord Genuity

1calculated from analyst ratings

Analyst Ratings for Penumbra

Buy NowGet Alert
07/16/2024Buy Now21.14%Truist Securities
Richard Newitter
$280 → $230MaintainsBuyGet Alert
07/15/2024Buy Now10.6%Morgan Stanley
Kallum Titchmarsh
$235 → $210MaintainsEqual-WeightGet Alert
07/15/2024Buy Now22.19%BTIG
Ryan Zimmerman
$265 → $232MaintainsBuyGet Alert
07/10/2024Buy Now39.57%Citigroup
Joanne Wuensch
$300 → $265MaintainsBuyGet Alert
05/08/2024Buy Now43.26%Canaccord Genuity
Jason Mills
$284 → $272MaintainsBuyGet Alert
05/08/2024Buy Now36.94%Piper Sandler
Matt O'Brien
$290 → $260MaintainsOverweightGet Alert
05/08/2024Buy NowNeedham
Mike Matson
Reiterates → HoldGet Alert
04/03/2024Buy Now52.74%Piper Sandler
Matt O'Brien
$290 → $290ReiteratesOverweight → OverweightGet Alert
03/22/2024Buy Now47.47%Truist Securities
Richard Newitter
$290 → $280MaintainsBuyGet Alert
02/23/2024Buy Now52.74%Piper Sandler
Matt O'Brien
$310 → $290ReiteratesOverweight → OverweightGet Alert
02/23/2024Buy Now52.21%RBC Capital
Shagun Singh
→ $289ReiteratesOutperform → OutperformGet Alert
02/23/2024Buy Now49.58%Canaccord Genuity
William Plovanic
→ $284ReiteratesBuy → BuyGet Alert
02/23/2024Buy Now52.74%Truist Securities
David Rescott
$300 → $290MaintainsBuyGet Alert
02/23/2024Buy Now31.67%JP Morgan
Robbie Marcus
$284 → $250DowngradeOverweight → NeutralGet Alert
01/12/2024Buy Now52.21%RBC Capital
Shagun Singh
$280 → $289MaintainsOutperformGet Alert
01/11/2024Buy Now47.47%RBC Capital
Shagun Singh
$248 → $280MaintainsOutperformGet Alert
12/22/2023Buy Now55.37%Truist Securities
David Rescott
$265 → $295MaintainsBuyGet Alert
12/20/2023Buy Now49.58%JP Morgan
Robbie Marcus
$240 → $284MaintainsOverweightGet Alert
12/12/2023Buy Now39.57%Truist Securities
David Rescott
$240 → $265MaintainsBuyGet Alert
11/03/2023Buy Now31.67%Piper Sandler
Matt O'Brien
$335 → $250MaintainsOverweightGet Alert
11/03/2023Buy Now26.4%Morgan Stanley
Kallum Titchmarsh
$265 → $240MaintainsEqual-WeightGet Alert
10/02/2023Buy Now68.54%Citigroup
Joanne Wuensch
$390 → $320MaintainsBuyGet Alert
09/19/2023Buy Now76.44%Piper Sandler
Matt O'Brien
→ $335ReiteratesOverweight → OverweightGet Alert
09/06/2023Buy Now39.57%Morgan Stanley
Kallum Titchmarsh
→ $265Initiates → Equal-WeightGet Alert
08/17/2023Buy Now83.81%RBC Capital
Shagun Singh
→ $349ReiteratesOutperform → OutperformGet Alert
08/02/2023Buy Now69.59%Canaccord Genuity
William Plovanic
$351 → $322MaintainsBuyGet Alert
08/02/2023Buy Now81.7%Truist Securities
David Rescott
$370 → $345MaintainsBuyGet Alert
08/02/2023Buy Now77.49%Wells Fargo
Larry Biegelsen
$320 → $337MaintainsOverweightGet Alert
07/19/2023Buy Now94.87%Truist Securities
David Rescott
$350 → $370MaintainsBuyGet Alert
07/19/2023Buy Now97.5%Baird
David Rescott
→ $375Initiates → OutperformGet Alert
07/12/2023Buy Now83.81%RBC Capital
Shagun Singh
$303 → $349MaintainsOutperformGet Alert
07/11/2023Buy Now105.4%Citigroup
Joanne Wuensch
$325 → $390MaintainsBuyGet Alert
06/26/2023Buy Now98.03%Deutsche Bank
Pito Chickering
$325 → $376MaintainsBuyGet Alert
06/05/2023Buy Now72.75%BTIG
Ryan Zimmerman
$312 → $328MaintainsBuyGet Alert
05/24/2023Buy Now76.44%Piper Sandler
Matt O'Brien
$300 → $335MaintainsOverweightGet Alert
05/18/2023Buy Now84.34%Truist Securities
David Rescott
$320 → $350MaintainsBuyGet Alert
05/03/2023Buy Now64.32%BTIG
Ryan Zimmerman
$301 → $312MaintainsBuyGet Alert
05/03/2023Buy Now59.58%RBC Capital
Shagun Singh
$289 → $303MaintainsOutperformGet Alert
05/03/2023Buy Now58%Piper Sandler
Matt O'Brien
$285 → $300MaintainsOverweightGet Alert
05/03/2023Buy Now68.54%Wells Fargo
Larry Biegelsen
$291 → $320MaintainsOverweightGet Alert
04/03/2023Buy Now71.17%Citigroup
Joanne Wuensch
$303 → $325MaintainsBuyGet Alert
03/29/2023Buy NowNeedham
Mike Matson
DowngradeBuy → HoldGet Alert
02/27/2023Buy Now59.58%Citigroup
Joanne Wuensch
$270 → $303MaintainsBuyGet Alert
02/24/2023Buy Now50.63%Canaccord Genuity
William Plovanic
$246 → $286MaintainsBuyGet Alert
02/24/2023Buy Now58%Needham
Mike Matson
$235 → $300MaintainsBuyGet Alert
02/07/2023Buy Now56.42%Deutsche Bank
Pito Chickering
$250 → $297MaintainsBuyGet Alert
02/01/2023Buy Now50.1%JP Morgan
Robbie Marcus
$254 → $285MaintainsOverweightGet Alert
01/30/2023Buy Now49.58%Truist Securities
David Rescott
$255 → $284MaintainsBuyGet Alert
01/30/2023Buy Now42.2%BTIG
Ryan Zimmerman
$240 → $270MaintainsBuyGet Alert
01/30/2023Buy Now44.84%Piper Sandler
Matt O'Brien
→ $275Initiates → OverweightGet Alert
12/20/2022Buy Now34.3%Truist Securities
David Rescott
$228 → $255MaintainsBuyGet Alert
12/12/2022Buy Now34.3%Wells Fargo
Larry Biegelsen
$225 → $255MaintainsOverweightGet Alert
12/12/2022Buy Now42.2%Citigroup
Joanne Wuensch
$212 → $270MaintainsBuyGet Alert
12/05/2022Buy Now26.4%BTIG
Ryan Zimmerman
$204 → $240MaintainsBuyGet Alert
11/04/2022Buy Now18.5%Wells Fargo
Larry Biegelsen
$260 → $225MaintainsOverweightGet Alert
11/04/2022Buy Now23.77%Needham
Mike Matson
$244 → $235MaintainsBuyGet Alert
11/04/2022Buy Now11.66%Citigroup
Joanne Wuensch
$217 → $212UpgradeNeutral → BuyGet Alert
10/12/2022Buy Now21.14%Jefferies
Matthew Taylor
→ $230Initiates → BuyGet Alert
10/05/2022Buy NowCitigroup
Joanne Wuensch
DowngradeBuy → NeutralGet Alert
09/19/2022Buy Now25.88%BTIG
Ryan Zimmerman
$213 → $239MaintainsBuyGet Alert
09/13/2022Buy Now21.14%Truist Securities
David Rescott
$180 → $230MaintainsBuyGet Alert
09/09/2022Buy Now28.51%Needham
Mike Matson
→ $244UpgradeHold → BuyGet Alert
08/05/2022Buy Now-0.46%Canaccord Genuity
William Plovanic
$244 → $189MaintainsBuyGet Alert
07/21/2022Buy Now-14.15%Deutsche Bank
Pito Chickering
$250 → $163MaintainsBuyGet Alert
07/20/2022Buy Now-5.2%Truist Securities
David Rescott
$240 → $180MaintainsBuyGet Alert
07/18/2022Buy Now12.18%BTIG
Ryan Zimmerman
$272 → $213MaintainsBuyGet Alert
07/18/2022Buy Now2.7%RBC Capital
Shagun Singh
→ $195Initiates → OutperformGet Alert
05/17/2022Buy Now15.87%Citigroup
Joanne Wuensch
$280 → $220MaintainsBuyGet Alert
05/04/2022Buy Now39.57%Wells Fargo
Larry Biegelsen
$321 → $265MaintainsOverweightGet Alert
04/19/2022Buy Now31.67%Deutsche Bank
Pito Chickering
→ $250Initiates → BuyGet Alert
03/08/2022Buy NowNeedham
Mike Matson
Initiates → HoldGet Alert
02/23/2022Buy Now58%Truist Securities
David Rescott
$350 → $300MaintainsBuyGet Alert
02/23/2022Buy Now47.47%Citigroup
Joanne Wuensch
$300 → $280MaintainsBuyGet Alert
02/23/2022Buy Now58%JP Morgan
Robbie Marcus
$325 → $300MaintainsOverweightGet Alert
09/22/2021Buy Now84.34%Truist Securities
David Rescott
$350 → $350MaintainsBuyGet Alert
09/16/2021Buy Now84.34%Truist SecuritiesInitiates → BuyGet Alert
08/10/2021Buy Now62.22%BTIG
Ryan Zimmerman
MaintainsBuyGet Alert

FAQ

Q

What is the target price for Penumbra (PEN) stock?

A

The latest price target for Penumbra (NYSE:PEN) was reported by Truist Securities on July 16, 2024. The analyst firm set a price target for $230.00 expecting PEN to rise to within 12 months (a possible 21.14% upside). 28 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Penumbra (PEN)?

A

The latest analyst rating for Penumbra (NYSE:PEN) was provided by Truist Securities, and Penumbra maintained their buy rating.

Q

When was the last upgrade for Penumbra (PEN)?

A

The last upgrade for Penumbra Inc happened on November 4, 2022 when Citigroup raised their price target to $212. Citigroup previously had a neutral for Penumbra Inc.

Q

When was the last downgrade for Penumbra (PEN)?

A

The last downgrade for Penumbra Inc happened on February 23, 2024 when JP Morgan changed their price target from $284 to $250 for Penumbra Inc.

Q

When is the next analyst rating going to be posted or updated for Penumbra (PEN)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Penumbra, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Penumbra was filed on July 16, 2024 so you should expect the next rating to be made available sometime around July 16, 2025.

Q

Is the Analyst Rating Penumbra (PEN) correct?

A

While ratings are subjective and will change, the latest Penumbra (PEN) rating was a maintained with a price target of $280.00 to $230.00. The current price Penumbra (PEN) is trading at is $189.87, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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